Transcription of Calculating Indirect Cost (IDC)
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Calculating Indirect Cost (IDC)
CalculatingIndirect Cost (IDC)Texas A&M Forest Service Grants Program Training SeriesThis is the slide title Grants Program Training Series Those costs incurred for a common or joint purpose benefitting more than one cost objective, and not readily assignable to the cost objectives specifically benefitted, without effort disproportionate to the results achieved. (2 CFR )in other words, these costs are necessary for the organization to operate in an efficient manner and cannot be easily assigned to any one costs are:ExamplesWhy charge to grants?
FY15 - FY18 rates Modified Total Direct Cost Modified Total Direct Cost. This is the slide title Grants Program Training Series If the total budget has yet to be determined, use the following formula to calculate IDC: Total Direct Costs - IDC Exempt Costs x IDC rate = IDC Front-in method Step 4 Calculating IDC Front-in
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